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Its true, GBTC performs very similar to TQQQ. I'm not sure why though. Today Bitcoin has done a lot better than TQQQ, so far.

Is there a difference in GME and AMC stock? I seems they both move in tandem especially when they go parabolic like now.

You just described the Darvas Box. Even Darvas never went into this much detail. Of course his books were really for the layperson. On the other hand, Darvas would never buy any stock that wasn't trading at an all time high.

You think the Boomers who grew up watch Reefer Madness are going to legalize marijuana? That seems like a bad bet.

I think the current real estate boom can partially be reasoned out as people who made a lot of money in the large urban areas and are moving from San Francisco, NYC, Boston, Chicago, Seattle, etc. to Florida, Texas, Tennessee, etc. especially with the work from home background. They are moving...

Yeah these traders who have driven up the price of Tilray, etc. will be sorely disappointed when the Senate says no to the legalization bill for like the 100th time. These people never learn. The Octogenarians running this country will never legalize Marijuana. Bubbles happen so frequently in...

Just like Al Gore and his Hollywood buddies who believe you should not use energy but they themselves should have 20 Jets and live in Mansions that use more energy than whole villages in Africa or India.

In 2008 I remember Proshares started their first -2X Sector ETF -- SKF 2X Short the XLF. I was up over $75K on it until the government decided to institute a shorting ban on the TBTF institutions and I sold but I did pretty good. I had a friend who worked at Barclay's PWM division and he told...

I buy puts & calls on BITO. It's a decent alternative. Near the money options are pretty liquid.

GBTC, ETH & MARA are all above the 50-day SMA so most likely keeps going higher. My reading of the cryptos in general is it is a read on risk taking, so as long the infinite P/E stocks on the Nasdaq keep rising BTC keeps going.

I think this really affects members in a Sector ETF the most especially during a collapse in prices. I remember in Jan 2016 when the large US banks collapsed due to European exposure, it also took down a lot of Regional Banks but most regionals have no non-US exposure. I assume it is the "shoot...

Isn't Japan principally an export economy? Lower currency would help them export more goods. That is what I meant. I am no currency expert at all. I'm curious what was the reason for the Yen to go from 75 to 125 in the 2012-2015 period?

What is the exact reason for the Yen collapse in the last 2 weeks? Is it Fed related or is the BOJ manipulating their currency again trying to pump their economy?

Seems all the CNBC talking heads love COIN yet all it does is go down. If these people were surgeons they would have been in jail by now. Moffet Nathanson's forte is telecom & media stocks what do they know about crypto & fintech? Coinbase & Robinhood are both in trouble due to the erosion of...

The liquidity & leverage is in the weekly ATM. That's the best bang for your buck. Much better than futures in terms of leverage. Of course if you're wrong about the direction you are looking at 50-75% losses.

I think the Oil going down & Fed being somewhat dovish definitely was a signal to the traders to buy buy buy. Interestingly WTI & Brent both went up the last few days but the markets kept rising so that is interesting. I agree that WTI/Brent above $120-$130 is not going to help the NASDAQ...

This always works since the financial Journalists don't know anything about trading or the stock market dynamics except for those in Barrons & FT.

This mini-rally seems more promising since the SPY, DIA & IWM all closed above their 50-day SMA. The QQQ is right at the 5-day SMA. IWM & MDY (Mid-Cap) closed above the 5-day SMA on Thursday. They've all broken the downtrend for sure. The much reviled (at least on ET) ARKK is only 6.4% from the...

All you need is nVidia and possibly Roblox & EA. The others are redundant or not useful. Is there going to be hookups in the metaverse, is that we need Tinder?

Up 55% in 1 day? Classic bear market rally, however it has maintained it for 3 days so it may hang in there but I doubt it. My guess is it continues to get back to the 50-day SMA at $35 and it fizzles again. I saw an interview with the Krane Shares founder and he said he was transitioning from...